https://studentloanify.com/

Student Loan Management as an employee benefit program

Over 89% of full time employees say they aren’t ready to restart federal student loan payments.

The second largest source of debt in America is holding employees back, causing unnecessary stress and distractions from work. StudentLoanify helps them determine which federal programs they qualify for that can reduce monthly payments and in some cases achieve loan forgiveness.

StudentLoanify provides an immediate solution to address the second-largest consumer debt. With StudentLoanify, borrowers can resolve defaults, enroll in payment plans they can afford, and work their way towards loan forgiveness.


The Impact on Employees Who Carry Student Loan Debt​

Owning a home, getting married, starting a family, and saving for retirement are often delayed.  Financial stress can cause increased sickness and affect mental health, leading to increased healthcare costs. Payment delinquency remains on a credit report for years, and the more overdue the payment, the worse the credit score damage.

How StudentLoanify Works

  1. Answer questions - Tell us a little bit about yourself. Don't worry, our questions are in plain English with tips and hints to guide you throughout the process.
  2. Review and select repayment plan - Our state-of-the-art software determines all of the repayment plans you may be eligible for. Simply review and select whichever plan is the best for you. We'll even help you determine if you qualify for any early loan forgiveness programs.
  3. Print, sign and send - We don't just tell you what you qualify for. We prepare your custom application. Just print, sign, and send. Your servicer will confirm your information and your new payment.


Employer Driven Financial Impact

A typical student loan borrower who leverages StudentLoanify may save over $900 per month in payments. Over the life of the loan, this leads to substantial savings. Employers who provide access to the solution can make a significant impact to their employees’ total cost savings.

1 person
$70,000 savings
100 people
$7,000,000 savings
1,000 people
$70,000,000 savings

Based on data derived from the StudentLoanify platform with a principal amount of $103,600. $13,000 in accrued interest, and an average interest rate of 6%.


What StudentLoanify is, and is not:

StudentLoanify is a technology solution that was developed with the employee in mind. The intuitive, informative and simple–to–navigate platform delivers transparency into applicable repayment plans and leverages technology to pre-populate the application, making the new plan – and reduced payments – effective.

StudentLoanify is:
  • A source of information
  • An unbiased solutions provider
  • Approved by the Department of Education
  • An easy-to-use online platform
  • An affordable solution
StudentLoanify is not:
  • A refinancing company
  • A debt consolidator
  • A collection agency
  • A loan servicer
  • A private lender

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